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Feb 11, 2013
02/13
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he is now a u.s. citizen and a part owner of a u.s. business. please, welcome hector ramirez. why don't you tell a little bit about your story. >> well, when i got to this country, i was 13 years old. my brother started putting me into school. he got me to do welding. we worked from 6:00 a.m. until four or five or 6:00 p.m. whatever time was necessary. i got my first home when i was 18 years old. of course, i have to put in an application that i was a u.s. citizen. i never said i was not. i got my first home when i was 18 years old. i have been working from that time. this is a country of opportunities. connell: what about when you got your green card? when did you become legal? >> it was april of 88. connell: okay. the reason i bring that up is because we are going through this process again where we are considering the fact that maybe some people like you who came to the united states early in life were not legal immediately and now want to become legal. we are interested in impact of the economy. >> for me, i believe, there is definitely a good thing. eleven again people th
he is now a u.s. citizen and a part owner of a u.s. business. please, welcome hector ramirez. why don't you tell a little bit about your story. >> well, when i got to this country, i was 13 years old. my brother started putting me into school. he got me to do welding. we worked from 6:00 a.m. until four or five or 6:00 p.m. whatever time was necessary. i got my first home when i was 18 years old. of course, i have to put in an application that i was a u.s. citizen. i never said i was not....
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Feb 26, 2013
02/13
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for example, even though u.s. banks are stronger financially than european banks, frequently, u.s. banks have wider credit default swap spreads with credibility of failure because the ircheses of u.s. and -- difference between u.s. and europe between perceived government support. that's the process. that's the plan. there's additional ideas such, you know, doing glass stege l again, separating the commercial banken and investment banking activities. we're doing that to some extent, but we don't think that it by itself really is all that helpful because in the crisis, firms that failed were straight investment banks, and firms in trouble were straight commercial banks so i'm open to discussing additional measures, but the plan to impose costs on banks to make them internalize the imprint to have a authority to strengthen the system, and that ought to improve the situation, but if it doesn't, i think we ought to consider alternatives and additional steps. >> in closing, i'd really continue to encourage y'all doing that now, and, again, i think it's a bipartisan concern. i've expresse
for example, even though u.s. banks are stronger financially than european banks, frequently, u.s. banks have wider credit default swap spreads with credibility of failure because the ircheses of u.s. and -- difference between u.s. and europe between perceived government support. that's the process. that's the plan. there's additional ideas such, you know, doing glass stege l again, separating the commercial banken and investment banking activities. we're doing that to some extent, but we don't...
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Feb 11, 2013
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u.s. and american have very little crossover. this is probably one of the few i've seen in a long time i don't see that much. you may have hub cities you will see crossovers but american is very weak on the eastern part of the united states. us airways is probably in central america and parts of mexico and also deep south america and places like that. i don't really see where the department of justice will be able to say much. when you look at all three of these devices they're only going to be a small percentage part, with american will be 2% bigger. maybe united will be two or three percentage points bigger than delta. lori: give some perspective, tom. where is air fare today versus this time last year say, and how high do you expect it to rise even if percentage terms? >> if you go back let's go back 10 years or back to 2000, that is probably one of our worst years. right after 2001 we had many coast to coast fares in the 198 range. today if you're a large metropolitan city like boston, new york, washington, d.c., fort lauderd
u.s. and american have very little crossover. this is probably one of the few i've seen in a long time i don't see that much. you may have hub cities you will see crossovers but american is very weak on the eastern part of the united states. us airways is probably in central america and parts of mexico and also deep south america and places like that. i don't really see where the department of justice will be able to say much. when you look at all three of these devices they're only going to be...
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the u.s. trade deficit unexpectedly narrowed in december. according to the commerce department, the trade gap fell on the drop of oil imports and hire exports. 16% say they are late at least once a week. the most common excuse is traffic. that is the latest from the fox business network. giving you the power to prosper. ♪ [ shapiro ] at legalzoom, you can take care of virtually all your imptant legal matters in just minutes. protect youramily... and launch your dreams. at legalzoom.com we put the law on your side. your financial advis should focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who thinlike you do. face time and think time make a difference. at edward jones, it's how we me sense of investing. dagen: talk about a recovery. the number of homes sold for $5 million or more hitting a record number in california last year. that is where we find robert gray. in the hollywood hills above los angeles with real estate agent, well, extraordinaire. tell him i am looking at t
the u.s. trade deficit unexpectedly narrowed in december. according to the commerce department, the trade gap fell on the drop of oil imports and hire exports. 16% say they are late at least once a week. the most common excuse is traffic. that is the latest from the fox business network. giving you the power to prosper. ♪ [ shapiro ] at legalzoom, you can take care of virtually all your imptant legal matters in just minutes. protect youramily... and launch your dreams. at legalzoom.com we put...
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Feb 28, 2013
02/13
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a couple votes in the u.s. senate. a democratic vote to replace cuts in ten years, but the pay fors and cuts take a decade, including a 30% minimum tax rate for income amounts of over $5 million. as a republican plan, allows flexibility for the president to go and fill in the spending cuts from elsewhere in the budget. neither proposal will pass. the president meets with congressional leaders tomorrow at the white house. the rest of congress out at that point when spending cuts, automatic spending cuts begin tomorrow. leaders skeptical saying it's just a foe toll opportunity. -- photo opportunity. no deal, but voting is this afternoon. dagen: thank you. as we edge closer to the deadline, the impact of the cuts on the economy, on the market, could they be more drastic than investors bet on? to break it down, a professor at the international business schools, jeremy hills in studio with me, managing director at tf marketing advisers. katherine, will the impact on the economy, an economy only growing one-tenth of a percen
a couple votes in the u.s. senate. a democratic vote to replace cuts in ten years, but the pay fors and cuts take a decade, including a 30% minimum tax rate for income amounts of over $5 million. as a republican plan, allows flexibility for the president to go and fill in the spending cuts from elsewhere in the budget. neither proposal will pass. the president meets with congressional leaders tomorrow at the white house. the rest of congress out at that point when spending cuts, automatic...
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the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. melissa: as we do every 15 minutes, let's get a check on the markets. nicole petallides is watching linkedin. nicole: linkedin up almost 22% today. great move. obviously hitting a new all-time high since the ipo back in 2011. obviously, professional social network company. everyone seems to be very familiar with it. they have gotten more dollars from the corporate recruiters. they have expanded the membership. $151..04. let's take a look at the dow jones industrials. this could be our longest winning streak since august august 2012. the russell, they have been doing exceptionally well. back to you. melissa: thank you so much. ashley: no longe
the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. melissa: as we do every 15 minutes, let's get a check on the markets. nicole petallides is watching linkedin. nicole: linkedin up almost 22%...
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this is the one rater that downgraded the u.s. government. they're not the only rater that did crummy stuff during the run-up. >> absolutely right. >> doesn't this look fishy to you? the government going -- >> raising questions why are they going after s&p and after moody's and not moody's and fitch? s&p, maybe i'm biased has been a leader in terms of telling people this is what we do. this is how we do it. they have been very open, more than the other two ratings agencies and i think the reason doj is going after them because they have been so open, saying this is our rules. these are our criteria. doj can look at that and say we think now we caught you on something you said you were doing but now you're not. >> we should point out that doj has been working on this case, i got this from a source that is advisor to the government for several is years now. they have been clearly looking at the rating agencies, following the financial crisis. they think, just because the other ones didn't get charged. that doesn't mean they won't get charged. t
this is the one rater that downgraded the u.s. government. they're not the only rater that did crummy stuff during the run-up. >> absolutely right. >> doesn't this look fishy to you? the government going -- >> raising questions why are they going after s&p and after moody's and not moody's and fitch? s&p, maybe i'm biased has been a leader in terms of telling people this is what we do. this is how we do it. they have been very open, more than the other two ratings...
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the u.s. it does not smell perfectly -- connell: they did not want to admit wrongdoing in a settlement. now you have a lawsuit as a result of that. there are a lot of people that were wrong about the financial crisis. maybe some of them were wrong on purpose, maybe they were not. if you look at the complaint, they may have some issues. there are e-mails. internal e-mails, if you look at the complaint back in 2006 where in s&p employee said rating agencies continue to create an even bigger monster. let's hope we are all wealthy and retired by the time this house of cards falters. that applies that selig did know it was a mess and they still said it is all right. >> you have to take into account how many employees work at any organization. it is very hard. we have not seen the complaint yet. what it actually stipulates. in terms of prognosticating the future and predicting the financial crisis -- connell: a lot of people were wrong. [talking over each other] connell: i do not know what your pers
the u.s. it does not smell perfectly -- connell: they did not want to admit wrongdoing in a settlement. now you have a lawsuit as a result of that. there are a lot of people that were wrong about the financial crisis. maybe some of them were wrong on purpose, maybe they were not. if you look at the complaint, they may have some issues. there are e-mails. internal e-mails, if you look at the complaint back in 2006 where in s&p employee said rating agencies continue to create an even bigger...
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Feb 22, 2013
02/13
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he told the trustee and u.s. attorney that the banks he did business with with had to know what i was doing regarding the fraud. we will have much more on this at 2:00 p.m. eastern. shibani: fascinating news and developments. adam shapiro, we look forward to that in the 2:00 p.m. hour. coming up, we will tell you about a new travel company bringing private jet travel. you will not want to miss that. black jet. ashley: it will be good. the academy awards this weekend. ceos and movies that changed their lives. which half italian ceo was inspired by "the godfather"? take a guess. we will tell you who after the break. ♪ . . . .. my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i wou make money doi what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com toy
he told the trustee and u.s. attorney that the banks he did business with with had to know what i was doing regarding the fraud. we will have much more on this at 2:00 p.m. eastern. shibani: fascinating news and developments. adam shapiro, we look forward to that in the 2:00 p.m. hour. coming up, we will tell you about a new travel company bringing private jet travel. you will not want to miss that. black jet. ashley: it will be good. the academy awards this weekend. ceos and movies that...
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Feb 18, 2013
02/13
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yesterday, he says the u.s. economy will grow slowly this year as tax increases and spending cuts offset improvements in the private sector. bruce willis is "a good day to die hard" pulled in $25 million. "identity thief" rant and with a close second, 23.4 million. that is the latest from the fox business network. giving you the power to prosper. ♪ customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ♪ dagen: $101.7 billion over the next ten years. the joint committee think this is the cost of a massive new sales tax to pay for obamacare. elizabeth macdonald is here with the bottom line. explain how this is, ultimately, being passed on. >> it is an excise tax or sales tax. look at this number. $7200. health insurers will pass this on. look at this. joint committee and taxation think that health insurers will pass this on. expect it to hit the insurance, basically, consumer in the
yesterday, he says the u.s. economy will grow slowly this year as tax increases and spending cuts offset improvements in the private sector. bruce willis is "a good day to die hard" pulled in $25 million. "identity thief" rant and with a close second, 23.4 million. that is the latest from the fox business network. giving you the power to prosper. ♪ customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you...
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Feb 20, 2013
02/13
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ashley: the u.s. is blaming china for a recent string of cyber attacks and the white house is prepare to take action and considering trade fines against china. peter barnes in washington with details on this. peter. >> that's right, ashley. the administration is set to release a report next hour that will discuss possible new fines and trade sanctions against china for cyber threat according to sources. attorney general eric holder will be heading this press conference. the u.s. is trying to step up efforts to prevent chinese hacking which hit dozens of u.s. companies according to a separate report from mandiant, a sigher security firm. mandiant report says the chinese military is behind a lot of the hacking. that report is increasing pressure on the u.s. to take more foresful action against china for what experts say has been years of systemic espionage. >> we know that trade secret theft can cripple a company's competitive advantage in foreign markets, diminish export prospects around the globe and
ashley: the u.s. is blaming china for a recent string of cyber attacks and the white house is prepare to take action and considering trade fines against china. peter barnes in washington with details on this. peter. >> that's right, ashley. the administration is set to release a report next hour that will discuss possible new fines and trade sanctions against china for cyber threat according to sources. attorney general eric holder will be heading this press conference. the u.s. is trying...